I have read some specifics of the Obama trillion dollar package. I have come to the conclusion, that there is absolutely no help or relief whatsoever because i don't seem to fit anywhere in stimulus. Same thing with millions of other struggling taxpayers.
I suppose the Bush tax cuts and stimulus package provided more jobs?
Obama says he will give $13 extra a week in paycheck to workers so that economy can be lifted out of recession. However, i can't find work and have been unemployed for months even though i graduated last year with bachelor of science in mathematics. In fact I cannot even find an hourly job which pays $8 an hour job.
He also extended your unemployment and or welfare benefits until you're able to find a job. Furthermore he also set aside $54 billion to go to schools for upgrades and increasing teachers pay. You have a degree in Math, why not teach? Besides, you not being able to find a job isn't Obama's fault. He inherited this mess from the previous administration who for years told us the economy was growing and there were plenty of jobs.
And then Obama says highway and infrastructure projects will create jobs. Again, what kind of jobs? And lets say even if you apply for such highway construction job, thousands be tens of thousands of applicants for 1 position only. You have no chance!
For those who work in construction this is a blessing because the previous administration did nothing to maintain or improve our infrastructure. Thousands of jobs will probably be created on the state level because of this.
Recently 356,000 posted their resume on change.gov in hope they will work for Obama. But only 4,000 vacancies were there. I have a friend who works as a recruiting manager for 1 technology company. And he says that for every 1 position, there are about 958 qualified applicants. So your chance of job is only 1 in 958.
But Bush's tax cuts were supposed to create millions of jobs. In fact every month he kept telling us that jobs were being created, so where are they? Oh yeah, India and China.
Then he says environmental, and energy programs will create jobs.
What Obama doesn't understand is that for only 1 job there are about 1000 applicants. What kind of job growth will that create?
Again, it's better than what we had previously.
Obama is joking!
No, I think he is quite serious. Is the plan perfect? No. Even Obama said so. But it's a start. And who knows how much he had to consent to Republicans to get it passed in the first place. Their only answer is tax cuts which clearly hasn't worked. Bush spent over $5 trillion in 8 years and what was our return on that investment? The highest unemployment rate since the 80's, he more than doubled the national debt, he took away funding for our college students, and a "war" that can't be won. In fact he spent more than any other president in American history. Give the man a chance.